127133 Old Route 9 Fishkill, NY 12524
This exceptional 3.54-acre property located at 127133 Old Route 9, Fishkill, NY 12524, presents a unique investment opportunity. The property includes a well-maintained owner-occupied single-family home and a detached three-unit apartment building, totaling 4,420 square feet of finished space. The property benefits from General Business zoning, providing significant redevelopment and expansion potential. Route 9 frontage ensures high visibility and accessibility. The existing apartment units generate rental income, helping to offset operational costs. The property also features mature landscaping, multiple garages and outbuildings, an in-ground swimming pool, and ample parking. Permitted uses under the General Business zoning include self-storage facilities, warehouses, contractor establishments, passenger transportation terminals, and more. Currently serviced by a drilled well, municipal water may be available. This property offers a blend of residential and commercial potential, making it an ideal investment for an owner-user seeking to expand their business while leveraging existing rental income. The asking price is $1,200,000. Built in 1900, this property offers a chance to capitalize on its prime location and versatile zoning.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.